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Analyst / Associate, Credit & Transaction Management

RBC

RBC

IT
Toronto, ON, Canada
Posted on Wednesday, July 10, 2024
Job Summary

Job Description

What is the opportunity?

Do you thrive in working in an interactive team environment? Are you a quick learner of systems? Do you have strong written and spoken communication skills? As an Analyst/Associate in our Credit and Transaction Management team, you will work closely with Corporate Banking (“CB”) and Global Markets (“GM”) Sales & Trading to support the growth of the corporate loan book and trading businesses and will manage a portfolio of borrowers within the Global Credit division of RBC Capital Markets. You will also work closely with other groups within Capital Markets and the Bank to deliver a full range of credit and banking services to multinational and other large corporate relationships.

  • Please note: This role can be at the Analyst or Associate level, depending on the incumbent's background and skillset.****

What will you do?

You will be responsible for the administration of an assigned portfolio of borrowers, which includes multinational and other large corporate lending relationships, and will provide additional support to several Corporate Banking teams. Your key responsibilities will include:

  • Corporate Banking (CB) Support: Provide transactional support to CB which includes but is not limited to: credit transaction requests (new credit, refinancing requests, renewals, covenant waivers, loan documentation reviews), drafting loan proposals, and cash management requests.
  • Portfolio Transaction Management: Includes but is not limited to: (i) Review and approve specific draw down requests, (ii) Develop expertise in assigned portfolio, policies and guidelines, and provide value added advice to internal partners, (iii) Ensure compliance with Bank Policy, and (iv) Participate in team deliverables with respect to regulatory/audit requests.
  • Annual Reviews: Ensure Annual Reviews of existing credit relationships are completed in a timely fashion and maintain a high quality of work.
  • Data Integrity: Ensure credit agreement terms are correctly reflected in the Bank’s systems and that all credit documentation is accounted for and reviewed in a timely basis (e.g. credit agreements, amendments, waivers, security documents).
  • Stakeholder Engagement: Work closely and maintain positive relationships with Corporate Banking (CB), Group Risk Management (GRM), and Funding and Lending Services.
  • Other Responsibilities: Completion of ad-hoc projects and other duties (including presenting to key stakeholders) efficiently and effectively in order to support the team’s planned and unplanned demands.

What do you need to succeed?

Must-have:

  • Strong academic credentials including completion of Bachelor's degree in Business, Finance, Economics, or Engineering mathematics or any other problem solving fields
  • MBA or CPA, CFA professional designation (completed or near completion) or a post-graduate degree with a focus in business, accounting, economics, mathematics or other quantitative field would be an asset but is not required.
  • 1-5 years work experience in a related field, including banking or corporate lending experience, finance and/or risk management, or knowledge of structuring and writing of credit proposals, credit processes and policies
  • Highly motivated self-starter with keen attention to detail and strong interest in corporate finance and credit
  • Ability to read and understand complex legal documents (e.g. loan agreements, security documents)
  • Strong credit and analytical skills including the ability to critically assess financial statements and other client reports to draw reasoned conclusions and recommend a course of action
  • Excellent written and verbal communication, with strong negotiation skills and an ability to manage conflicting demands and viewpoints, and multiple stakeholder expectations
  • Ability to work effectively within a team environment and to interact at all levels within a large organization
  • Ability to prioritize, perform well under pressure and meet time sensitive deadlines
  • Strong general PC Skills (Excel, Word and PowerPoint)

What’s in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

  • Leaders who support your development through coaching
  • Work in a dynamic, collaborative and high-performance team environment
  • Opportunities to do challenging work and foster strong working relationships other areas of the bank, notably Corporate Banking, Group Risk Management, Global Markets, Funding and Lending Services, Global Banking Service Centre, and Ratings & Monitoring Group.

Job Skills

Adaptability, Critical Thinking, Customer Service, Detail-Oriented, Financial Engineering, Financial Statement Analysis, Investments Analysis, Personal Development, Taking Initiative, Teamwork

Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City:

TORONTO

Country:

Canada

Work hours/week:

37.5

Employment Type:

Full time

Platform:

Capital Markets

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2024-06-26

Application Deadline:

2024-07-11

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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